BILL NUMBER: AB 2033	CHAPTERED  09/27/00

	CHAPTER   724
	FILED WITH SECRETARY OF STATE   SEPTEMBER 27, 2000
	APPROVED BY GOVERNOR   SEPTEMBER 25, 2000
	PASSED THE SENATE   AUGUST 31, 2000
	PASSED THE ASSEMBLY   AUGUST 31, 2000
	AMENDED IN SENATE   AUGUST 30, 2000
	AMENDED IN SENATE   JUNE 27, 2000

INTRODUCED BY   Assembly Members Torlakson and Florez

                        FEBRUARY 18, 2000

   An act to add Section 6586.7 to the Government Code, relating to
joint powers agreements.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2033, Torlakson.    Joint powers agreements.
   Existing law authorizes public agencies to enter into joint
exercise of power agreements to jointly exercise any power common to
the contracting agencies and to issue bonds pursuant to the
Marks-Roos Local Bond Pooling Act of 1985.  Among other conditions
for the issuance of bonds, existing law requires that the local
agency, within whose boundaries the capital public improvement to be
financed by the bonds is to be located, publish notice of a hearing
in a newspaper of general circulation.
   This bill would require that a copy of the resolution be sent by
certified mail to the Attorney General and the California Debt and
Investment Advisory Commission not later than 5 days after the
adoption of the resolution authorizing, issuing, or accepting the
benefit of bonds.
   This bill would become operative only if AB 2300 is enacted and
becomes operative.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:


  SECTION 1.  Section 6586.7 is added to the Government Code, to
read:
   6586.7.  (a) A copy of the resolution adopted by an authority
authorizing bonds or any issuance of bonds, or accepting the benefit
of any bonds or proceeds of bonds, except bonds issued or authorized
pursuant to Article 1 (commencing with Section 6500), or bonds issued
for the purposes specified in subdivision (c) of Section 6586.5,
shall be sent by certified mail to the Attorney General and the
California Debt and Investment Advisory Commission not later than
five days after adoption by the authority.
   (b) This section does not apply to bonds:
   (1) Specified in subdivision (c) of Section 6586.5.
   (2) Issued pursuant to the Community Redevelopment Law, Part 1
(commencing with Section 33000) of Division 24 of the Health and
Safety Code.
   (3) To finance transportation facilities and vehicles.
   (4) To finance a facility that is located within the boundaries of
an authority, provided that the authority that issues those bonds
consists of any of the following:
   (A) Local agencies with overlapping boundaries.
   (B) A county and a local agency or local agencies located entirely
within that county.
   (C) A city and a local agency or local agencies located entirely
within that city.
   (5) To finance a facility for which an authority has received an
allocation from the California Debt Limit Allocation Committee.
   (6) Of an authority that consists of no less than 100 local
agencies and the agreement that established that authority requires
the governing body of the local agency that is a member of the
authority in whose jurisdiction the facility will be located to
approve the facility and the issuance of the bonds.
  SEC. 2.  This act shall become operative only if AB 2300 of the
1999-2000 Regular Session of the Legislature is enacted and becomes
operative.
